Edgewise On The Markets

Entries tagged as ‘swing high’

Morning 4.24.08

April 24, 2008 · Leave a Comment

HI,

Overnight session saw some decent moves. Short side has looked good al morning . I waited to place my first trade until after the home sales numbers at 10:00. They came in weaker then expected which helped the short sided bias. Nat Gas numbers are hitting the boards now.  They short side looks good folks. My first trade was a sacalp short and that worked out well. The short side still looks good folks. We dont wat to see this swing high around 750 ono the ym taken out otherwise bulls flex muscle. Notice the swing high on the chart below.

Categories: learning to trade · tradethemarkets · trading the dow · ym
Tagged: